China Hi-Tech Group Co.Ltd(600730) held 2021 annual performance presentation

On the afternoon of March 31, China Hi-Tech Group Co.Ltd(600730) held the performance presentation of 2021. Qi Zixin, chairman of the company, Zhu Yiran, director, general manager (Acting), Secretary of the board of directors and chief financial officer, and Zhou Hua, independent director, attended and answered the concerns of investors.

In 2021, China Hi-Tech Group Co.Ltd(600730) achieved operating income of 104 million yuan; The net profit attributable to the parent company is 13.98 million yuan; The R & D investment was 36.7 million yuan, a year-on-year increase of 83.18%; The dividend amount in 2021 is 4.22 million yuan. In terms of specific sectors, the online education business in the medical field of China Hi-Tech Group Co.Ltd(600730) education sector achieved a revenue of 63.79 million yuan, the revenue of industry education integration business increased by 281.49% over the previous year, and the revenue of real estate operation sector increased by 11.53% over the previous year.

When introducing the company’s operation in 2021, Zhu Yiran said that on the whole, the company’s operation remained stable, the performance was stable, the fundamentals were good, and basically met the expectations. She said that 2021 is a year for China Hi-Tech Group Co.Ltd(600730) to unload the burden of history and start again with light luggage. The company resolved the equity arbitration dispute of yingteng in 2021, and the investor litigation case has been basically completed. At the same time, the screening of historical tax issues has been completed and the relevant provisions have been carefully completed. In the future, yingteng education’s contribution to the performance of China Hi-Tech Group Co.Ltd(600730) is worth looking forward to.

Subsequently, Qi Zixin, chairman of China Hi-Tech Group Co.Ltd(600730) issued a theme report, introducing the company’s performance and achievements in 2021 China Hi-Tech Group Co.Ltd(600730) will focus on vocational education and skill training in 2021, and make new breakthroughs in online education in the field of medicine and the integration of industry and education in higher education. At present, the company has reached business cooperation on the integration of industry and education with dozens of colleges and universities.

Qi Zixin pointed out that in 2021, Founder group, the controlling shareholder of China Hi-Tech Group Co.Ltd(600730) welcomed the restructuring investors Ping An Insurance (Group) Company Of China Ltd(601318) group and Zhuhai HUAFA group. According to the restructuring plan of Founder group, the controlling shareholder of the company will become founder international education, and Ping An Insurance (Group) Company Of China Ltd(601318) will indirectly control the company. In the future, the company will make full use of the high-quality resources and advanced management experience of the two restructured investors to drive the improvement of the company’s core competitiveness, the upgrading of strategic layout, Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) and business expansion, continuously gather development potential and fully realize the value growth of the company.

At the performance presentation meeting, the company’s executives also responded to the concerns of investors and the media, such as the company’s performance evaluation in 2021, the development expectations and prospects after the change of controlling shareholders, the business highlights of its subsidiary yingteng, the progress of Nanshan building project and future plans.

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